NewLaw bucking the trend on firm cuts

Cuts not imminent in NewLaw

In conversation with Lawyers Weekly, the trio of Lawpath, Hive Legal and Sprintlaw all said they have not had to make any decisions regarding cuts to staffing or salaries, nor do they expect that such decisions are immediately forthcoming.

Law Squared founder Demetrio Zema appears to be similarly placed, noting that his firm is “actually doing really well”.

Lawpath CEO Dominic Woolrych said: “In a trend that bucks the curve, Lawpath has seen an increase in sales and clients over the last few weeks. As clients start to look for remote legal solutions and alternatives to their traditional legal providers, we have seen enquiries, conversions and sales increase. To this end, we have not made any changes to our partners/practice/executives’ jobs or salaries as of yet.”

Hive Legal associate principal Melissa Lyon said that her firm is finding that “some of our more innovative legal service offerings including virtual support for our clients through our HiveGC+ model is providing a good option for clients which are now having to work remotely themselves”.

Read the full story at    https://www.lawyersweekly.com.au/newlaw/27936-newlaw-bucking-the-trend-on-firm-cuts?utm_source=LawyersWeekly&utm_campaign=08_04_20&utm_medium=email&utm_content=1&utm_emailID=882dfb433067b4011c87c45ff376fe5c42fdf5fc8de3c999c59a0ade0bb38b91